Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq - 2022

Contents:

  1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq (CIF) - 2022
  2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq (FOB) - 2022
  3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq
  4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $2,230 per ton in 2022, shrinking by -27.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. As a result, import price reached the peak level of $3,078 per ton, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($4,169 per ton), while the price for Turkey ($1,455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+19.6%), while the prices for the other major suppliers experienced a decline.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq (FOB) - 2022

The average export price for alloy steel flat-rolled products, of a width of less than 600mms stood at $1,810 per ton in 2022, stabilizing at the previous year. In general, the export price enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. The export price peaked at $1,827 per ton in 2020; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq

Imports of alloy steel flat-rolled products, of a width of less than 600mms into Iraq soared to 653 tons in 2022, rising by 1,422% compared with the year before. Over the period under review, imports, however, recorded a noticeable shrinkage.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms soared to $1.5M in 2022. Overall, imports, however, saw a perceptible decline.

Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40465514.875723.3%
South Korea1,0521,173105419-26.4%
Turkey31.228.04.8253100.9%
Iran6.913.43.815.129.8%
United KingdomN/A89.1N/AN/A0%
Others78.719.23.212.3-46.1%
Total1,5731,9771321,456-2.5%

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Iraq in 2022:

  1. China (365.2 tons)
  2. Turkey (173.8 tons)
  3. South Korea (100.4 tons)
  4. Iran (9.9 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq

Exports of alloy steel flat-rolled products, of a width of less than 600mms from Iraq stood at 63 kg in 2022, almost unchanged from the previous year. Overall, exports showed a abrupt slump. The smallest decline of 99.9% was in 2021.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms amounted to $114 in 2022. In general, exports continue to indicate a precipitous shrinkage. The smallest decline of 99.9% was in 2021.

Export of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Iraq (USD)
COUNTRY202020212022CAGR,
2020-2022
TurkeyN/AN/A1140%
China179N/AN/A0%
OthersN/AN/AN/A0%
Total179N/A114-20.2%

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Iraq in 2022:

  1. Turkey (63.0 kg)

Source: IndexBox Market Intelligence Platform

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